Simons Laufer Mathematical Sciences Institute

Analysis

Simons Laufer Mathematical Sciences Institute is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in April 1980, 46 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Simons Laufer Mathematical Sciences Institute reported income of $21.9m and spending of $14.0m, leaving 36% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $10.1m to $21.9m (+117%), an average of +21% a year. The sharpest change came in the year to July 2021, when income rose by 392%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Simons Laufer Mathematical Sciences Institute sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Academy of Natural Sciences of Philadelphia ($21.9m), North Carolina Biotechnology Center ($21.9m) and Vero Beach Museum of Art Inc ($21.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 94% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $1.2m (8.4% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $100.9m against liabilities of $1.1m, net assets of $99.8m. It reported 34 employees.